Company description

New York Mortgage Trust (NYMT) is a real estate investment trust (REIT) that specializes in investing in and managing a diverse portfolio of residential and commercial mortgage-backed securities, as well as other real estate-related assets. The company was founded in 2004 and is headquartered in New York City. NYMT primarily focuses on investments in non-agency residential mortgage-backed securities, which are loans that are not guaranteed by government-sponsored entities like Fannie Mae or Freddie Mac. The company also invests in multi-family and commercial real estate loans, and has a presence in various states across the U.S. NYMT prides itself on its disciplined investment approach and experienced management team. The company's goal is to generate stable and attractive returns for its shareholders through a combination of rental income and mortgage investments. NYMT has a proven track record of successfully navigating the real estate market and has been able to adapt and thrive in various economic cycles. Overall, NYMT is a well-established and reputable company that offers a unique and diverse investment opportunity for those looking to enter the real estate market.